VERS Options History — October 2025

In October 2025, VERS traded between $60.36 and $65.78. ATM implied volatility averaged 33.2%, placing in the 19.9% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 6.7% (HV 20d: 26.5%). Max pain ranged from $45.00 to $60.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2025-10-20: Highest Volume — 8 contracts
2025-10-09: Largest IV spike — 11.8% change
2025-10-14: Highest IV Rank — 34.1%
2025-10-16: Largest Expected Move — 10.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$63.57	$60.36	$65.78	$61.32	$64.39
Max Pain	$58.04	$45.00	$60.00	$45.00	$60.00
ATM IV	33.2%	29.8%	40.5%	33.1%	29.8%
Expected Move	9.4%	8.5%	10.8%	9.5%	8.5%
HV 20d	26.5%	17.5%	31.5%	18.0%	31.5%
HV 60d	22.9%	19.8%	25.2%	19.8%	23.9%
IV Rank	19.9%	13.2%	34.1%	20.0%	13.2%
IV Percentile	73.9%	55.2%	93.7%	78.6%	55.2%
Term Structure	-1.6%	-5.0%	0.5%	-2.8%	0.5%
VWIV	21.5%	21.5%	21.5%	21.5%	21.5%
Skew 25d	2.3%	-3.8%	13.3%	2.0%	4.1%
Skew 10d	1.5%	-8.7%	12.7%	3.0%	5.4%
Call IV 25d	28.7%	22.4%	36.7%	26.6%	23.2%
Put IV 25d	31.0%	24.7%	38.0%	28.6%	27.4%
Bid-Ask Spread %	97.60	76.88	116.41	113.37	116.41
Gamma HHI	0.27	0.17	0.39	0.36	0.20
Net GEX	2.5K	1.5K	3.4K	2.5K	2.5K
Net DEX	-93.1K	-117.7K	-63.3K	-89.3K	-73.7K
Net VEX	-137	-160	-118	-125	-143
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.783	0	8	0	0
Total OI	20.391	13	24	21	17

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2025-10-01	$61.32	$45.00	33.1%	9.5%	18.0%	20.0%	0.0%	2.0%	-2.8%	2.5K	-89.3K	-125	113.37	N/A	N/A	0	19	2
2025-10-02	$62.27	$45.00	30.2%	8.7%	17.9%	14.5%	0.0%	1.6%	0.0%	2.5K	-94.9K	-118	114.61	N/A	N/A	0	19	2
2025-10-03	$62.35	$45.00	31.5%	9.0%	17.5%	16.9%	21.5%	2.0%	-1.1%	2.3K	-96.5K	-118	113.04	N/A	N/A	6	19	2
2025-10-06	$63.82	$60.00	32.4%	8.8%	18.8%	18.7%	0.0%	-0.7%	-1.2%	2.4K	-116.4K	-134	89.89	N/A	N/A	0	22	2
2025-10-07	$62.87	$60.00	30.6%	8.5%	20.0%	15.3%	0.0%	-0.9%	-1.6%	2.8K	-111.3K	-140	84.69	N/A	N/A	0	22	2
2025-10-08	$63.74	$60.00	31.0%	9.0%	19.8%	16.1%	0.0%	1.7%	-1.2%	2.8K	-115.3K	-138	90.58	N/A	N/A	0	22	2
2025-10-09	$63.24	$60.00	34.7%	9.8%	19.8%	23.0%	0.0%	1.1%	-3.5%	2.8K	-112.1K	-140	85.96	N/A	N/A	0	22	2
2025-10-10	$60.36	$60.00	33.1%	9.8%	26.6%	20.1%	0.0%	2.4%	-4.4%	3.2K	-94.6K	-149	84.47	N/A	N/A	0	22	2
2025-10-13	$62.43	$60.00	37.0%	9.9%	29.0%	27.5%	0.0%	13.3%	-2.5%	3.4K	-107.2K	-140	84.76	N/A	N/A	0	22	2
2025-10-14	$63.01	$60.00	40.5%	10.6%	29.1%	34.1%	0.0%	-0.2%	-5.0%	2.4K	-113.7K	-131	78.65	N/A	N/A	4	22	2
2025-10-15	$64.20	$60.00	36.4%	10.4%	29.6%	26.4%	0.0%	3.1%	-3.1%	2.1K	-117.7K	-126	76.88	N/A	N/A	0	22	2
2025-10-16	$63.43	$60.00	37.8%	10.8%	29.4%	29.0%	0.0%	-0.6%	-1.3%	2.3K	-115.6K	-127	78.94	N/A	N/A	0	22	2
2025-10-17	$63.08	$60.00	37.5%	10.7%	29.5%	28.4%	0.0%	3.1%	-1.8%	2.2K	-113.9K	-127	79.02	N/A	N/A	0	22	2
2025-10-20	$64.70	$60.00	33.4%	9.6%	29.6%	20.1%	0.0%	2.1%	-0.8%	1.5K	-63.3K	-119	94.36	N/A	N/A	8	13	0
2025-10-21	$64.53	$60.00	33.2%	9.5%	29.3%	19.8%	0.0%	2.0%	-0.9%	2.3K	-74.5K	-160	101.47	N/A	N/A	0	17	0
2025-10-22	$62.97	$60.00	34.4%	9.9%	30.4%	22.0%	0.0%	2.6%	-1.9%	2.3K	-67.6K	-151	94.55	N/A	N/A	0	17	0
2025-10-23	$63.75	$60.00	32.9%	9.4%	30.0%	19.1%	0.0%	8.1%	-0.3%	2.4K	-70.8K	-153	102.77	N/A	N/A	0	17	0
2025-10-24	$64.92	$60.00	30.4%	8.7%	30.4%	14.4%	0.0%	6.7%	0.0%	2.4K	-77.0K	-147	111.68	N/A	N/A	0	17	0
2025-10-27	$65.78	$60.00	31.9%	9.1%	30.5%	17.2%	0.0%	-2.0%	-0.5%	2.3K	-82.2K	-135	110.75	N/A	N/A	0	17	0
2025-10-28	$65.68	$60.00	29.9%	8.6%	30.2%	13.5%	0.0%	-3.8%	-1.2%	2.4K	-82.1K	-132	111.52	N/A	N/A	0	17	0
2025-10-29	$65.42	$60.00	30.7%	8.8%	30.2%	14.9%	0.0%	3.3%	-1.2%	2.4K	-79.8K	-143	110.72	N/A	N/A	0	17	0
2025-10-30	$63.83	$60.00	30.5%	8.7%	31.4%	14.6%	0.0%	3.0%	-0.7%	2.5K	-73.0K	-145	115.64	N/A	N/A	0	17	0
2025-10-31	$64.39	$60.00	29.8%	8.5%	31.5%	13.2%	0.0%	4.1%	0.5%	2.5K	-73.7K	-143	116.41	N/A	N/A	0	17	0